2802-27 Mcmahon Drive, Toronto, ON

Bayview Village, Toronto · MLS® C14085666

$799,000
For Sale
Listed 3 days agoNo offer date stated
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3Bedrooms
3Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Stunning 2024-Built Corner Suite At Saisons By Concord.
  • This Luxurious 3-Bedroom, 3-Full-Bathroom Residence Offers 1,090 Sq.
  • Bright Open-Concept Living And Dining Areas Feature 9' Ceilings, Floor-To-Ceiling Windows And Abundant Natural Light.
  • Gourmet Kitchen Features Premium Built-In Miele Appliances, Quartz Countertops, Carrara Marble Backsplash, Soft-Close Cabinetry And A Large Centre Island With...
  • Of Exceptional Building Amenities, Including 24-Hour Concierge, Indoor Swimming Pool, Fully Equipped Gym, Fitness & Yoga Studio, Party Room, Lounge And Touchless Car...

Stunning 2024-Built Corner Suite At Saisons By Concord! This Luxurious 3-Bedroom, 3-Full-Bathroom Residence Offers 1,090 Sq. Ft. MLS Of Interior Living Space Plus An Expansive 175 Sq. Ft. Private Balcony With Spectacular Unobstructed South-Facing Views. Bright Open-Concept Living And Dining Areas Feature 9' Ceilings, Floor-To-Ceiling Windows And Abundant Natural Light. Gourmet Kitchen Features Premium Built-In Miele Appliances, Quartz Countertops, Carrara Marble Backsplash, Soft-Close Cabinetry And A Large Centre Island With Breakfast Seating. Elegant Bathrooms Feature Marble Walls, Quartz Countertops And Designer Fixtures. Functional Split-Bedroom Layout Offers Enhanced Privacy. All Bedrooms Feature Custom Closet Organizers And Roller Blinds. Spacious Balcony With Composite Wood Decking And Radiant Ceiling Heaters. Additional Features Include Miele Washer/Dryer, Panasonic Microwave, Roller Shades And Ample Storage. Residents Enjoy Over 80,000 Sq. Ft. Of Exceptional Building Amenities, Including 24-Hour Concierge, Indoor Swimming Pool, Fully Equipped Gym, Fitness & Yoga Studio, Party Room, Lounge And Touchless Car Wash. Prime Location With Easy Access To TTC Subway, Hwy 401 & 404, Bayview Village, Fairview Mall, Parks, Hospital, IKEA, Canadian Tire, Restaurants And Shopping. Featuring Beautiful South-Facing Views And A Spacious Private Balcony, This Residence Offers Comfortable Urban Living With Outstanding Convenience.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14085666
Bedrooms
3
Bathrooms
3
Size
1000-1199 sq ft
Cross streets
Leslie St And Sheppard Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,024/mo
Exposure
North West
Property tax
$5,686 / 2025
Days on market
3
Listing brokerage
RE/MAX REALTRON WENDY ZHENG REALTY

Rooms

Dining RoomGround7.29 × 3.45 m

combined w/kitchen · open concept · laminate

Primary BedroomGround3.01 × 5.49 m

window floor to ceiling · 5 pc ensuite · laminate

KitchenGround3.66 × 5.92 m

modern kitchen · b/i appliances · quartz counter

Bedroom 3Ground3.35 × 4.98 m

window floor to ceiling · closet · laminate

Bedroom 2Ground3.05 × 4.75 m

window floor to ceiling · 4 pc ensuite · laminate

Living RoomGround7.29 × 3.45 m

window floor to ceiling · w/o to balcony · laminate

Our TakeTeam Asgarian · Broker
A small discount is typical
$782Klikely sale price

Listed at $799,000. Going by how homes in Bayview Village have actually closed against their asking prices (about 98%, 78 local closings in 90 days), the likely sale price is near $782K, if it sells. A realistic range is $737K to $846K.

Independent value check: $888K. Without looking at the asking price, our model values the home itself about 11% above the ask (homes like it typically land between $826K and $933K).

Why $888K. The typical condo sold in Bayview Village over the past year went for about $548K (281 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $5,686 a year; the typical home sold here pays about $2,900.
  • ▲ Raises it stronglyIt is 1,000 to 1,199 sq ft; the typical home sold here is 700 to 799.
  • ▲ Raises it3 bedrooms and 3 baths, against 1+1 and 2 typically.
List price
$737KBelow recent closings$846KAbove recent closings

Total price vs nearby homes. Likely closing about $782K, from 78 recent closings in this pocket.

The market behind the math:

78sold nearby · 90 days
$545Kmedian sold price
98%of asking, on average
−3%prices vs a year ago
~34 dayshomes like this take to sell
3days on market so far
$4,075/moest. rent · 5 leases
6.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.2 months of inventory: 30 condo apartment homes for sale in the area against 78 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $727/sqft against an area asking average of $796/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 78 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $879K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Crestview Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 78 comparable homes that sold in Bayview Village over the past two years, from 505 closings there.

Sold price trend

Median sold price for condos in Bayview Village: $525K in September 2026, up 2% from a year ago, on 278 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$570K21
November 2025$549K15
December 2025$500K15
January 2026$503K16
February 2026$537K17
March 2026$515K21
April 2026$548K29
May 2026$532K31
June 2026$535K24
July 2026$539K35
August 2026$572K32
September 2026$525K22

Neighbourhood & location

Bayview Village, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

North St. James Town
$765K
Dovercourt-Wallace Emerson-Junction
$640K
Kensington-Chinatown
$585K
Moss Park
$549K
Church-Yonge Corridor
$876K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Crestview Public School
69%
Crestview Public SchoolPublic · Elementary · 2.7 km awayAround the GTA average · 69% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Dunlace Public School · Public elementary0.5 km · 69% at standard
Elkhorn Public School · Public elementary0.7 km · 85% at standard
Harrison Public School · Public elementary1.1 km · 82% at standard
Windfields Middle School · Public elementary1.2 km · 91% at standard
Bayview Middle School · Public elementary1.4 km · 80% at standard
Hollywood Public School · Public elementary1.5 km · 96% at standard
York Mills Collegiate Institute · Public secondary1.6 km · 88% at standard
Shaughnessy Public School · Public elementary1.8 km · 68% at standard
Dallington Public School · Public elementary1.9 km · 44% at standard
St Timothy Catholic School · Catholic elementary2.0 km · 80% at standard
Lescon Public School · Public elementary2.1 km · 44% at standard
St Andrew's Middle School · Public elementary2.1 km · 81% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,642/mo
$177KIncome needed
4.5×Price ÷ income
$840Weekly cost
$24,910Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

71%mortgage
Mortgage $3,642Property tax $474Condo fee $1,024Total carry $5,140

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,534per month

Mortgage amount $639,200 · 4.49% over 25 years

$159,800Down payment (20.0%)
$639,200Loan before insurance
$0CMHC premium
$5,032Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,534
Property tax
$474
Condo / maintenance fees
$1,024
Heating
$0
Estimated monthly cost
$5,032

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$12,455
Toronto municipal land transfer tax
$12,455
Estimated closing costs
$24,910

Plus your down payment of $159,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,278/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$421,074Total interest paid
$1,060,274Total of all payments
Principal $639,200 Interest $421,074
YearPrincipalInterestBalance
1$14,264$28,147$624,936
2$14,912$27,499$610,024
3$15,589$26,822$594,435
4$16,297$26,114$578,138
5$17,037$25,374$561,102
6$17,810$24,601$543,291
7$18,619$23,792$524,672
8$19,464$22,947$505,208
9$20,348$22,063$484,860
10$21,272$21,139$463,588
11$22,238$20,173$441,351
12$23,247$19,164$418,103
13$24,303$18,108$393,800
14$25,406$17,005$368,394
15$26,560$15,851$341,834
16$27,766$14,645$314,068
17$29,026$13,384$285,042
18$30,344$12,067$254,697
19$31,722$10,689$222,975
20$33,162$9,248$189,813
21$34,668$7,743$155,145
22$36,242$6,169$118,902
23$37,888$4,523$81,015
24$39,608$2,803$41,406
25$41,406$1,005$0

At the end of your 5-year term

Total paid over the term
$212,055
Principal paid down
$78,098
Interest paid
$133,956
Balance remaining
$561,102

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 5 whole-home leases in Bayview Village$4,075/mo
$48,900Gross annual rent
3.1%Cap rate after taxes and upkeep
$3,586 to $4,564Typical rent range
~23 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Bayview Village signed at a median of $3,400 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,075. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

6.1%
Gross yield
− Property tax $5,686− Condo fees $12,293− Insurance $600− Vacancy & upkeep $5,379Net operating income $24,942

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON WENDY ZHENG REALTY. MLS®/PropTx.

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